Knowledge Hub | Assuremate

General Insurance FAQs

Insurance is a financial protection tool that covers losses due to unforeseen events. It ensures financial security for individuals, families, and businesses.
Premium depends on factors like age, coverage amount, policy type, health condition, vehicle details, risk profile, and policy tenure.

Health Insurance FAQs

Cashless hospitalization allows treatment at network hospitals without paying upfront. The insurer directly settles the bill with the hospital.
A waiting period is the time you must wait before certain illnesses or pre-existing conditions are covered under the policy.

Motor Insurance FAQs

Third-party insurance covers damages caused to others. Comprehensive insurance covers third-party liability plus damages to your own vehicle.

Life Insurance FAQs

Term insurance provides pure life cover for a specific period at affordable premiums, ensuring financial security for your family.
Yes, premiums paid for life and health insurance policies qualify for tax deductions under applicable sections of the Income Tax Act.

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